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UTILICO EMERGING MARKETS LIMITED - SHARE ACTIVITY
Hamilton, Bermuda - 15 December, 2009 - Utilico Emerging Markets Limited (the "Company") (Ticker: UTILEMU.BH) announces that it was notified, on 22 December, 2009, by General Provincial Life Pension Fund ("GPLPF") of a reportable transaction in the Company's shares.
On 22 December, 2009, GPLPF sold 734,912 ordinary shares at a price of 124.5p per share and purchased 750,000 S Shares at a price of 23.5p per S Share. GPLPF is a substantial shareholder in Utilico Limited, holding 52.6 per cent. of the ordinary shares. Utilico Limited holds 24.6 per cent. of the ordinary shares of UEM. Following these transactions, GPLPF is interested in 189,516 ordinary shares, representing 0.1 per cent, of the Company's issued share capital and 750,000 S Shares representing 8.2 per cent of the S Shares.
For further
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Utilico Emerging Markets Limited |
Arbuthnot Securities Limited |
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Charles Jillings |
Alastair Moreton |
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01372 271 486 |
Hannah Pearce |
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020 7012 2000 |